Meta Platforms Analysts Opinions

Analysts opinions on youth-related lawsuits jury rulings

  • Reacting to the New Mexico and California jury ruling, TD Cowen policy analyst said the “linchpin case” is 30 state attorneys general versus Meta, which goes to trial in August and believes Meta’s best hope may be getting the San Francisco case dismissed under Section 230 or getting Congress to limit their lawsuit exposure in exchange for new regulations.
  • Rosenblatt said rulings of appelate and Supreme court judges are “probably friendlier to the social media companies than the local juries (and local judges) that ruled against them in these opening rounds.”
1 Like